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Action of the Confederate Congress--desires and Plans of the Lenders.

Montgomery. March 3, 1861.
--The propositions of the Washington Peace Congress will not even be taken into consideration here; and in no event will the rule of Lincoln be submitted to.

The permanent Constitution of the Confederacy is now being elaborated, in order to be submitted to the Congress and to the States. I am enabled, in advance, to state some of its more important features. It will provide that South of Kansas and of Utah slavery shall be established beyond the power of Congress or of the Northern States ever to abolish it, or in any way interfere with the rights it confers.

The idea which has prevailed to some extent in South Carolina that only slave States can be admitted to the Confederacy, is repudiated by the controlling men, and by the majority of the Congress. The Constitution will provide for the admission of free States, of course with suitable guaranties.

Full powers will be given to the Congress to levy duties on imports and exports. The tariff recently enacted will immediately be amended, and will probably be made to impose an export duty of one per cent. on cotton, tobacco and rice. The duties on most imports will be fixed at ten per cent., and these rates will be made to take effect on January 1, 1862.

Meats, breadstuffs, tea, coffee and jewelry will be admitted free.

[second Dispatch.]

Montgomery, Ala.,March 5.--The flag for the Confederate States has been definitely determined upon, and it was hoisted over the Capitol at 4 o'clock this afternoon. It originated with the committee.

Mr. Mallory, of Florida, has been confirmed Secretary of the Navy.

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